The affordable housing lottery has launched for 12-19 31st Drive, a three-story residential building in Astoria, Queens. Designed by Gerald J. Caliendo and developed by Ravi Patel, the structure yields 17 residences. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $89,143 to $218,010.
Construction is rising on 665 Fifth Avenue, a 469-foot-tall commercial building that will house the US headquarters for Rolex in Midtown, Manhattan. Designed by David Chipperfield Architects with Adamson Associates as the architect of record and developed by the Rolex Realty Company, the 28-story structure will yield 199,000 square feet of office and retail space for the world-famous watchmaker. The property is located at the corner of Fifth Avenue and East 53rd Street.
Demolition work has concluded at 201 East 23rd Street, the site of a 19-story residential building in Kips Bay, Manhattan. Developed by Naftali Group, which acquired the property in a 99-year ground lease for $21.5 million last September, the 210-foot-tall structure will span 111,000 square feet and yield 69 units, likely condominiums, as well as ground-floor retail space. The property is alternately addressed as 301 Third Avenue and is situated at the intersection of Third Avenue and East 23rd Street.
New renderings have been unveiled for The Dupont, a new residential tower under construction on the Greenpoint waterfront. Located at 16 Dupont Street, the 41-story building is being developed by Rockefeller Group in a joint venture partnership with Park Tower Group and designed by Gerner Kronick + Valcarcel, with interiors created by Workstead. Compass Development Marketing Group is the exclusive marketing and leasing partner.
Avison Young recently arranged a 20-year deal to relocate the Classic Car Club, a private automotive club in Manhattan, to 645 11th Avenue in Hell’s Kitchen, Manhattan. The new space, which will be the organization’s new flagship clubhouse, will span more than 60,000 square feet across four floors and the roof of the historic former automotive dealership.
